Hi all,
Plz Provide me Resolution & Expilanatory Statement of Reappointment of M.D. for Further Period Five Year
Can we pass a resolution in advance to fixation of remunration of M.D. for future Inadequate Profit?

hello friends,

My company chairman was expired last month and i have to conduct a board meeting now. in agenda i want to include their death intimation.

Can some body provide me any drafting agenda copy of 4 to 5 pages or method by which i can helped in drafting the above said agenda.

Also tell me how i can include it in minutes.

Query regarding the AGM Minutes.

I may expect the Experts to make the necessary correction (especially the last paragraph) in the following so as to utilise in future :

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ITEM NO...... DECLARATION OF DIVIDEND.

The matter concerning the Declaration of Dividend was placed before the Shareholders for their consideration and approval.

In this respect, Mr. A (Shareholder) proposed the resolution and Mr. B (Shareholder) seconded that the following resolution to be passed as an ordinary resolution :

“Resolved that pursuant to the recommendations made by the Board of Directors of the Company, a dividend at the rate of Re.1/- per equity share to the equity shareholders of the company, whose name appear in the Register of Members as on closing of 30th September, 2009 be and is hereby declared out of the current year profits of the Company for the year ended on 31st March, 2009.”

The resolution was passed unanimously.


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Thanks for your views.

Query Regarding Board Meeting :


ABC Private Limited had board meeting on 23.01.09.

Thereafter, the company had the next board meeting on 21.05.09.

Query :

Is it that the company had to hold board meeting in the month of April 2009, as Section 285 says the Board to meet at least once in every three calendar months ?

I may await EXPERTS' views on the matter.

Dear friends

As per sec 293(1)(d), we have to take member's permission in EGM, when the borrowings exceeds certain limits, as mentioned there.

now i want to know, that which all loans are to be considered here, secured and unsecured both, or just secured. or the loans from banks and financial institutions whether secured or not.??

I have read the bare section and other articles on this, but could not get the written matter on this.

I need to pay Stampy duty of Rs 2700 on allotment of share certificates in Delhi. Pls let me know whether it is mandatory to go for consolidated stamp duty or adhesive stamp on separate sheet would suffice?

Can exporter pay export commission @25% of FOB Value.Does he rquire to deduct TDS since the agent does not have permanent etablishment

A Director intentionally resign himself and want to reappoint in the same company. Is there any restriction in the company law to reappointment of the same director or is there any limitation of time period to reappointment of the same

Dear Sir

As per section 224(5) appointment of first auditor is to be done by Board Of Directors. <br> My question is that whether Board of Directors are required to pass resolution in Board Meeting or they can do so by Circulation of resolution also.

With Warm Regards.


Kunal Agrawal
+91-99295-03735
kunal.agrawal@icai.org